
Inverted IP Results Due Shortly and First North Breccia Assays to Follow: IDEX Metals (IDEX.v IDXMF) Maps Out Its Next Catalysts at Freeze in Idaho
Posted on behalf of IDEX Metals Corp - The reason a copper-gold porphyry hunt is worth watching right now is the metals it is levered to. Gold is trading above US$4,100/oz and copper is holding around US$6/lb, and a porphyry system carries both, plus molybdenum. IDEX (IDEX.v and IDXMF) is drilling exactly that kind of target at its 100%-owned Freeze project in Idaho, and the next few months bring a defined run of catalysts rather than a single event.
The Metals Backdrop
- Gold sits above US$4,100/oz, up on the day.
- Copper is holding around US$6/lb, with the U.S. reshoring push keeping domestic ground in focus.
- A porphyry that carries copper, gold and molybdenum gives exposure to that whole mix from one system.
What's Turning Now
- One core rig turning at North Breccia, the top-priority 2026 target, with a second rig expected on site in July (see June 24 NR).
- Part of a fully-funded roughly 10,000 m, 20-hole diamond program, holes averaging about 500 m up to a maximum 1,200 m, testing a porphyry target 300 to 800 m below surface (see May 12 NR).
The Catalyst Path
- Expanded 90.4 line-km IP survey complete; final inverted results expected shortly and will feed target refinement during drilling (see June 24 NR).
- First assays from North Breccia to follow once holes wrap. Assay turnaround typically runs about two months from the bit hitting rock (BNN, May 7, 2026).
- A Phase I surface program of roughly 2,250 soil and 250 rock samples is planned to rank a 2027 drill pipeline.
For the full program details, see the company's May 12 news release.
With a rig already turning, inverted IP data due shortly, and first assays behind that, IDEX has a steady sequence of results ahead that could start putting real drill data behind the porphyry thesis it has spent two years building.